We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
Why Did Gold & Silver Break Down Just as Fed Hike Bets Faded
Macro Snapshot: The rate backdrop eased during the week ending 23 October, which makes the metals’ slide harder to explain. CME FedWatch odds of a hike at the 27 to 28 October FOMC meeting had settled near one in three on 14 October, after the 3.7% September CPI print, and stood at 9.4% by 23 October. December hike odds slipped from about 90% to close to 80%. The 10-year Treasury yield closed at 5.00% against 5.09% a week earlier, and
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Did Natural Diamond Ind. Misjudge LGD Threat?
The natural diamond industry is finally confronting a question it perhaps should have asked much earlier: Did it underestimate the speed, scale and nature of the laboratory-grown diamond (LGD) revolution? For years, laboratory-grown diamonds (LGDs) were treated by much of the natural diamond industry as a niche product—an inexpensive alternative with limited appeal to serious jewellery consumers. The assumption was
India’s G&J Exports Rise 2.44% in April–July 2026
Mumbai: India’s gross gems and jewellery (G&J) exports for the April–July 2026 period stood at US$ 9.17 billion (Rs. 87,078.01 crore), registering 2.44% growth in US Dollar terms and 13.58% growth in Rupee terms over the corresponding period last year, according to figures provided by Gem & Jewellery Export Promotion Council (GJEPC). The growth has been led by value-added segments.
Russia Plans Europe’s Largest Diamond Cutting Cluster
Moscow: Russia is planning to create the largest cluster of diamond-cutting facilities in Europe, in a move aimed at retaining more value from its stones. The cluster will combine Alrosa’s Kristall cutting plant in Smolensk with facilities in the Republic of Sakha (Yakutia), Russia’s main diamond-producing region. President Vladimir Putin formalized the plan in an executive order signed August 6.
Sky Gold & Diamonds Unveils Innovative Designs
Mumbai: Sky Gold & Diamonds showcased its strong focus on innovation and design excellence at IIJS Premiere 2026, unveiling a diverse portfolio of products reflecting evolving consumer preferences and market trends. The showcase was attended by Mr. Rajesh Kalyanaraman, Executive Director, Kalyan Jewellers, and Mr. Ba Ramesh, Joint Managing Director, Thangamayil Jewellery Ltd., along with Sky Gold & Diamonds’ Directors
IDE Requests Need for Increased Government Support
Ramat Gan: A delegation from the Israel Diamond Exchange (IDE), led by President Yoram Dvash, presented its case for increased government aid to the Israeli diamond industry at a special hearing at the Knesset Economics Committee yesterday. According to IDE President Yoram Dvash the industry has suffered major damage in recent months due to the COVID-19 crisis, which has
De Beers Hints at Restructuring the Company
London: De Beers is embarking on a huge modernization program that will affect all aspects of the business, CEO Mr. Bruce Cleaver said in a letter to staff. The move, in response to the COVID-19 pandemic, will include reviewing the way it sells rough stones, according to a report on the Bloomberg news website. It raises the possibility that the
GJEPC Donates Over Rs. 75 Lakh to a Surat Hospital
Mumbai: India’s Gem and Jewellery Export Promotion Council (GJEPC) continued its charitable work in the fight against Covid-19 by offering financial assistance through the Surat Diamond Association (SDA) to the SDA-Diamond Hospital & Medical Research Center (Matrushree Ramuba Tejani & Shantaba Vidiya Hospital) for purchasing medical equipment for an isolation ward. The financial aid has enabled the hospital to acquire
US China Trade War may Benefit India
Mumbai: With the Chinese imposition of the national security law on Hong Kong, the United States of America has given an indication of imposing 7.5% duty, which was earlier about 3.3%. US, President Mr. Donald Trump, has unswervingly seen attacking China over the spread of Coronavirus in the United States and not been able to contain it. The series of
